Take a second to look at the chart:
GREEN LINE marks the previous resistance turned support: The last time the price of DOT touched the green line it did a 40% move to the upside
RED LINE marks the prices where sellers are dumping DOT: The price is currently beneath the RED LINE, EXPECT the price to drop and touch the GREEN LINE ONCE MORE AND BLAST OUT TO 8$
Buy the dip
correction is a must..lets see how much lower it will go first.
Anyway, Kadena is a DOT ecosystem.. it is BOOMING now ..look at my other ideas for $KDA..
$KDA is a hidden gem. fortune 100;500 companies already using it.
but only 20mil market cap only. this can go x20-x50 long term.
Gah I was too impatient yesterday, should've backed myself! I noticed that all the alts retraced 50% from their highs when they had a major correction, so I had a short running on DOT and a couple others, but canned most of them too early. DOT and THETA were probably the best looking for a short yesterday.
Kind of wondering if it'll test the 50% retracement if...
Hey, I am back with another Crypto Analysis, focused on Polkadot.
Intro.
Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level !
Today I took profit at $6.5 and rebought at $5.8, which is...
Good day Traders
Polkadot:
Dot completing a final 5th within a rising wedge, expecting this one to break down and give us a 0.618 retracement before it goes into price discovery mode for a potential 300% moonshot!
Both fundamentals and technicals are looking solid for this one. Should be a winner over the next few months!
unless it breaks down the trendline then it will retest support at $4.5 k.
Dot market cap has surpassed link's which in turn surpassed LTC. But Arthur hayes has began to shill Dot, which makes me nervous. So watch for break of support.
$DOT / #USDT
Levels to watch as its retesting ~5.70$ matching EMA50 on the 1H
If holds it & accumulates here, it may bounce back toward 6.8$ ATH level
Losing it and look for ~5.1 as a new level to hodl..
#DOT
i sold 50% at 6.8 and looking to rebuy here. i dont even know what DOT is for, but i wish i bought more at 2.8. if you guys missed those move. this last wave will be the longest. stop loss $5.
Hi All,
I'm in this trade with some luck when my brother pointed me to this and I took it early at $4.1.
I did look at it yesterday but was occupied to making this post as of now.
DOT = POLKADOT
Since its new on Binance it doesn't have much history, and prior it was a different product as the change was made to its denomination setup.
So I look at the...
Hi Traders!
In today’s analysis, we will look at the new cryptocurrency that has managed to drive the whole crypto world crazy in recent days - Polkadot.
The Polkadot, which has the acronym DOT in recent weeks, has caused a huge stir. This "rocket" quickly reached the TOP 10 cryptocurrencies by capitalization. It is currently priced at about $ 5.60 . It was...
There's 2 drawn here hence why it looks a bit busy.
Kinda hoping it'll retest that 5.8 low so I can get a cheaper re-entry, but its looking pretty strong up at the moment.
My previous charts of DOT all held up good as well!! Actually managed to profit yesterday from it, its playing the game much nicer than BTC...
RSI and MACD continue to support DOTs push upward.
As many already know, it’s expected to be added to CoinBase. Speculation of such an event is certainly already factored into DOTs price.
Finally, let’s say you choose to ignore the TA and ignore the FA. Just another nicely polished shitecoin, right? Well, maybe you’re right. But considering big dick swangin’...
